Wyatt wants to buy a car. The maximum loan he can get from the bank is $16,465. If Wyatt has $2,035 available to make a down payment, what is the highest valued car he can purchase?Answer:
Q. Wyatt wants to buy a car. The maximum loan he can get from the bank is $16,465. If Wyatt has $2,035 available to make a down payment, what is the highest valued car he can purchase?Answer:
Calculate Total Amount: Determine the total amount Wyatt can spend on the car.Wyatt can get a loan for $16,465 and has $2,035 for a down payment. To find the total amount he can spend on the car, we need to add these two amounts together.Calculation: $16,465 (loan) + $2,035 (down payment) = $18,500
Verify Calculation: Verify the calculation for any possible errors.Re-check the addition to ensure there are no mistakes.Calculation: $16,465+$2,035=$18,500
Conclude Car Purchase Value: Conclude the highest valued car Wyatt can purchase. Based on the calculations, the highest valued car Wyatt can purchase is $18,500.